Public Debt Announces Activity For Securities In The STRIPS Program For April 1999

FOR IMMEDIATE RELEASE

May 6, 1999

The Bureau of the Public Debt announced activity figures for the month of
April 1999, of securities within the Separate Trading of Registered Interest and
Principal of Securities program (STRIPS).

In Thousands

Principal Outstanding (Eligible Securities)

$1,726,816,675

Held in Unstripped Form

$1,504,037,367

Held in Stripped Form

$222,779,308

Reconstituted in April

$10,239,625

The accompanying table, gives a breakdown of STRIPS activity by
individual loan description. The balances in this table are subject to audit and subsequent
revision. These monthly figures are included in Table VI of the Monthly Statement of the Public
Debt, entitled “Holdings of Treasury Securities in Stripped Form.”

The STRIPS data, along with the new Monthly Statement of the
Public Debt Summary, is available on Public Debt's Internet homepage at:
www.treasurydirect.gov. A wide range of information about the public debt and U.S.
Treasury securities is also available on the homepage.